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Feb 2, 2010 5:30pm EST
children. we'll have the latest. >>> a french court begins it probe of the 2000 crash of an air france concord. a u.s. airline and two of its employees are among those said to be at fault. >>> widespread attacks against gays. some believe the government is encouraging the violence. >>> the envelope, please. >>> from the different perspectives from around the globe, this is "worldfocus." major support has been provided by rosalind p. walter and the peter g. peterson foundation, dedicated to promoting fiscal responsibility and addressing key economic 8 challenges facing america's future. and additional funding is provided by the following supporters -- >>> good evening. i'm daljit dhaliwal in new york. >>> it's been three weeks since the devastating earthquake killed at least 150,000 people in haiti. still, most of the quake victims remain outdoors, forced to scramble for food and water. anger at the haitian government is rising. today, the united nations warned of worsening security after armed men attacked a food convoy. despite that, the story that's making the most news is the case o
Feb 19, 2010 6:00pm EST
union and france have joined the growing chorus of international condemnation. those behind the military coup say they are lifting the curfew. >>> it has been a tense week in kenya as the coalition government risks falling apart. it was formed as part of a peace deal two years ago. deep rifts have developed between the president and the prime minister. the prime minister tried to suspend two ministers over corruption allegations, but the president annulled the decision. i>> the theft of public money is a huge issue here. demonstrators want ministers dismissed following several corruption scandals. kenyans across the country share the feeling that it is time for action. politicians should no longer be above the law. >> they are telling us to go home. >> i think it is time to stop the corruption. >> two years ago, kenya was on the brink of civil war. over 1300 people were killed in post-election violence. the rival political leaders signed a peace deal which restored calm, leaving the people with a bloated coalition government. many kenyans feel the inconvenient marriages held together by
Feb 19, 2010 5:30pm EST
. the european union and france have joined a growing chorus of international condemnation. those behind the military to say they are lifting the curfew and opening the country's borders and airspace. >>> kenya's coalition government is feared to be falling apart. it was formed as part of a peace deal two years ago following post-election violence, but deep rifts have grown between the parties. one of them tried to accuse the two ministers of corruption, but the president and hold the decision. -- president annulled the decision. >> the cries on the streets of nairobi. the theft of public money is a huge issue here. the demonstrators want ministers dismissed following several corruption scandals. kenyans across the country share the feeling it is time for action. politicians should no longer be above all. -- should no longer be above the law. >> i think it is time to stop the corruption. >> world back two years, kenya was on the brink of civil war. over 1300 people were killed in post-election violence. the rival political leaders signed the peace deal that restored calm, but has left th
Feb 2, 2010 7:00pm EST
children. we will have the latest. >>> a french court begins its probe of the 2000 crash of an air france con chord france con >>> widespread attack against gays in jamaa. some people believe the government is actually encouragg the violence. >>> and the envelope, please. a look at the oscar nods for the best pictures that they are watching overseas. >>> from the different perspectives of reporters and analysts from around the globe this is "world focus." >>> major support has been provided by -- >>> good evening. welcome to "world focus." i'm in new york. it has now been three weeks since that devastating earthquake killed at least 150,000 people in haiti. still, most of the quake victims remain outdoors, forced to scramble for food and water. anger at the haitian government is rising. today, the united nations warned that men attack a food convoy. the story making the news is the case of the group of americans accused of illegally trafficking haitian children afte tried cross into the dominican republic with a bus load of youngsters. tonight, ten americans remain in custody as haitian o
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Feb 24, 2010 5:00pm EST
greece, france has a huge connection to greece. regardless of the fact it's part of the e.c., it's connected by its exposure. you see the $79 billion worth of exposure. when greece goes down, there is going to be an impact on france. >> glenn: when greece goes down, we're just using these -- >> it could be any country. >> glenn: more than france, et cetera, et cetera, so back off on these examples. france goes down. this week in france. then people will rush to bail-out france because france can't bail, that won't work. >> larger country, you've got germany that comes in and we make the assumption germany is there to bail out france as part of the e.c.. >> france if they were going to bail out greece, which i think they said no, to right? >> correct. >> glenn: right. it makes them -- they know they're down this line. so to give money here would have helped them if they would have believed it. >> germany had resistance. the people said no, no, no. we're not going to do that. >> glenn: got it. 8% of import comes from france so that affects germany. >> you get a domino. >> glenn: th
Feb 16, 2010 7:00am EST
to france, to britain. minister to spain, a four-term governor of his home state of virginia. u.s. secretary of state, secretary of war. and finally a two-term president of the united states, the fifth president. as governor of virginia, he became the second most powerful figure in america. virginia then was america's largest, wealthiest and most heavily populated state with 20% of the american population. it stretched all the way to the mississippi river. and all the way up north to the great lakes. it was enormous. and the prestige and importance of its governor was akin to the governors of california, illinois, new york, and texas put together today. and monroe was not only governor of america's most important state. he was a national hero in the revolutionary war. in other words, he was a giant in his day. and i don't understand why historians ignore him, which is why i wrote this book. to restore him. to his rightful place in american history. as the most important president in the early days of our nation. now, some historians elevate john adams to historical prominence and they deity
Feb 19, 2010 12:00am EST
? and then, disgraced tour de france winner floyd landis, stripped of his title, now a wanted man. here for his first interview since a warrant has been issued for his arrest. plus, priscilla presley and "viva elvis." ♪ we can't go wrong together >> larry: we have a sneak peek of the vegas spectacular that opens tomorrow. ♪ and we can build our dreams on suspicious minds ♪ >> larry: next on "larry king live." and later quentin tarantino will join us. by the way, it's the event we've all been waiting for. tiger woods will break his silence tomorrow at 11:00 a.m. eastern at pga tour headquarters in florida. it's his first public statement since acknowledging he cheated on his wife. the former sports caster pat o'brien is with us to talk about it. jim gray, correspondent for the golf channel. and donny deutsch, chairman of deutsche inc. a multibillion dollar marketing communication company is also here. first, let's check in quickly with cnn's susan candiotti in florida with the latest. how are preparations going for the event, susan? >> reporter: well, they seem to be going well. la
Feb 5, 2010 7:00pm EST
in europe -- france, germany, switzerland -- and the economies are in much weaker states. and there's bonds and other issued debt. it would create a massive knock-on effect that would spread not just throughout europe but potentially around the globe. >> could it also reach the u.s.'s shores? >> well, it's interesting. right now, the u.s. is actually benefitting somewhat from this. at least the dollar itself is strengthening, as people -- as investors flee to safer currency, and the dollar is considered a safe currency, a safe haven investment. whenever there's turmoil around the world, the dollar usually benefits from it. so that's a positive for the dollar. but long term, the united states -- we're talking about debt bombs. that's what we're calling these things, debt bombs, ticking time bombs of debt. the united states has a huge debt and it's growing. this year it will probably reach, according to the obama administration's own estimate, $1.6 trillion. that is a huge debt. now, the u.s. wants to bring that down over time. the administration projects to cut that in half in the next decad
Feb 8, 2010 6:00pm EST
for you -- america and france called for strong sanctions as iran declares it is speeding up its nuclear program periods and kenya's new mega port. route to prosperity? i love you. much more on the main international stories in just a moment, the first half -- michael jackson's doctor has pled not guilty to involuntary manslaughter. conrad murray has admitted administering power anesthetic to the singer before he died last june, but he insisted nothing he gave michael jackson should have killed him. bail was set at $75,000. this just in. >> after months of speculation, dr. conrad murray came to court to face a formal charge of involuntary manslaughter, that he killed his famous patient. he was greeted by michael jackson's fans. "justice for michael," as they shouted. it is a sentiment echoed by jackson's family. they want to know who is to blame for the shocking events of last summer. do i days before he died, michael jackson was filmed doing -- two days before he died, michael jackson was on doing a concert rehearsals. he was roused from his mansion to hospital, oncologist. he never wok
Feb 4, 2010 7:00pm EST
. once the darling of the toyota fleet, now it may too have problems. fr france, more of a story we've been following closely. controversy about muslim identity and what it means to be french. we'll travel to a country where tobacco companies are going after young smokers in indonesia. >>> how do you hide a castle. this man spent four years building a secret dreamhouse. now it may come tumbling down. >>> from the world's leading reporters and analysts, here's what's happening from around the world. this is "worldfocus." major support has been provided by rosalind p. walter and the peter g. peterson foundation, dedicated to promoting fiscal responsibility and addressing key economic challenges facing america's future. and additional funding is provided by the following supporters -- >>> welcome to "worldfocus." i'm daljit dhaliwal in new york. as the saying goes, when it rains, it pours. for the japanese carmaker, toyota, the bad news keeps on coming. today, the auto maker admitted some makes of the toyota prius, considered to be the pride of its fleet may have faulty brakes. the adm
Feb 20, 2010 8:00am EST
this country needs in the world of books. it can be done. president sarkozi in france said 50 million euros would be made available to patronize the digitizing of france. why can't we do what some of the dutch are doing and some of the scandinavians are doing? it's not easy, it will require a lot of effort, it will even require the changing of our copyright laws. now copyright is another vast subject, i won't go on and on about it, but i'm trying to show how all of these subjects that i tried to discuss in this book are linked. so as some of you may know, the history of copy right goes back to the statue of ann in 1710 in england, but the key turning point was a case in the house of lords in 1774, where it was determined that copyright would not be eternal. it would be limited, and the limit would be 14 years renewable. well, the founders of our republic copied the notion of copyright from the british, and our first copyright law, which is entitled -- how does it go, for the stimulus of knowledge, i haven't got the quotation exactly right, but for the forwarding of knowledge, the -- for the
Feb 14, 2010 9:30pm EST
many c-span viewers remember or even know how much -- how many blame france bears in the underlying causes of haiti's poverty. sometime in the 18 20's, france demanded all these tributes back to it getting their rightful freedom. i heard france i am also concerned the deforestation is one of the reasons he is vulnerable to earthquakes in the way the dominican republic's is not. i am ashamed of this. so much of france 19th century furniture was pulled from haitian wood. >> thank you for your call. people who have been to haiti comment on deforestation of the country. >> absolutely. the comment goes back to the history of haiti. part of what made the problem -- part of what contributes to haiti's isolation today. they declared independence from france, and in many ways, he became an orphan child of the caribbean, where it lost the patron country, where it lost its colonizers. it gained independence, but it lost help from the country's third of the u.s. was not interested in helping of the time. the u.s. was still expanding and becoming its own country, expanding west, and they did not
Feb 28, 2010 9:00am EST
the political party. [unintelligible] it was done in france with the constitution which is still the constitution of france. it was put together by charles de gaulle. we will be right back. >> "whitehouse chronicle" is produced in collaboration with howard university television. now luellen king. >> hello again and thank you for coming along. i am joined by andy from polito, and a journalist with many years' experience, and another guest. [unintelligible] he predicted the crash of 2008 with back in this program. and he forgot he had predicted it. andy glass, we see endless troubles in the financial world. we had our own with the banks and suddenly europe is in chaos because the greeks have been cooking the books. what is going on? why can we not trust any numbers that we get? >> because it is all one ball of wax. in athens, it is in germany or the u.k. with their separate currency. it is a perpetual market. when the markets are closed here they are open in asia. what we saw in the crash of 2008 is that everything now is interconnected. we cannot separate the economic situation on
Jan 31, 2010 7:00pm EST
all but overwhelm the ancient mediterranean harbor tucked into the south of france. stores proffer every imaginable gem. sun and money drenched immune apparently to the rest of the world's ills. the most common offense here, scratches on those million-dollar cars. this man is monaco's police chief. >> the crime rate is so low, it is always so low. >> reporter: why is it? >> it is a small territory. we have a lot of police. we have cctv all around and the population has no fear to call the police. >> reporter: here in monaco where some of the most exclusivive jewelry shops protected by hovering cameras. everywhere you look there's a police presence. here at the square a police substation across the street from one of the most expensive jewelry shops. this is perhaps one of the best protected square kilometers on the face of the globe. safe. a fortress. unbeatable. but then it happened. june, 2007, a perfect day as spring gave way to summer. it was high noon. the surveillance camera in the chirabelli jewelry shop, 30 yards from the police station, a customer was shopping with his chi
Feb 16, 2010 5:45am EST
conversed with the intellectuals of france, and he came back to enter harvard. and when his mother, who was by then in london, got word through her sister back in quincy, that young john quincy seemed at times a little too impressed with his own opinions, she wree to him as -- wrote to him as follows. "if you are conscious to yourself that you possess more knowledge upon some subjects than others of your standing, reflect that you have had greater opportunities of seeing the world and obtaining a knowledge of mankind than any of your contemporaries. that you have never wanted a book that has not been supplied to you. that your whole time has been spent in the company of men of literature and science. how unpardonable would it have been in you to have been a blockhead." [laughter] both john and abigail adams were great readers, and they quoted from the poets they loved and the novels they knew, and very often they would quote lines and not bother to put quotation marks around them, because they knew the other knew the lines. so you have to be careful sometimes because what these wonderfu
Feb 20, 2010 6:00am EST
originally from france -- actually from africa, moved to france, and now i'm here in america because i believe -- i still believe that america is thecountry of the american dream. and i came here -- i'm a scientist, president of a renewable energy startup, and i came here because i really believe that america can become the first country for clean energy. [applause.] one of the comments i wanted to make, coming from europe where carbon is regulated, i see firsthand -- i have a company in france also -- that regulation works. it creates job. my company has been growing 30 percent every year in france for the past two years. and i really want to see that happen here. and i think that even if you don't believe in climate change, there's like byproducts that are awesome jobs. the country is going to advance technology-wise. we're going to become once again like we were with the space industry, the most advanced technologically country in the world. and so i really want to see these regulations happen because it's going to help all of us in the clean energy business. [applause.] >> okay. we
Feb 15, 2010 4:00am EST
this morning is one of the top gainer. it's up 2.5%. also later today we'll have earnings in france with the world's largest maker of cosmetic. expected flat earnings from the last year. 17.7 billion euros for 2009. >> because we're worth it. thank you very much indeed. caroline is in zurich with the latest on that market. slim gains there. we're looking for progress. before that, which stocks are most in focus? >> the insurance stocks are taking higher here. we see zurich financial, swiss life one of the biggest gainers here. swiss life up 2% here. no specific news flow here. no broker upgrade. but of course volumes are very low today so we may see a bit of exaggerated volatility here. 0.06% here for nestle. that's a lot of bias here in anticipating that nestle will post equally good fourth quarter volume figures. the banking stocks in focus. ubs up more than 1%. there is continued pressure on the swiss banking secrecy and 0.3% higher on the month. that's higher than expected so those deflationary pressures may be easing. >> we'll have to leave it there. catch you later. still to c
Feb 2, 2010 6:00pm EST
oscars each, including best seller. 10 years after the concorde crash, the trial begins in france. all those accused are accused of manslaughter. the airline is counterclaiming that concorde was fundamentally unfit to fly. we have this. >> it has been nearly 10 years since the air france struggle concorde into the air, its engines on fire. within two minutes, 113 people would be dead after the crash just 13 meters from charles de gaulle airport. now, finally, a french court is ready to tackle 80,000 pages of evidence as it tries to decide who was to blame for the tragedy. the presiding judge said this would be a complex and technical case, and she would always be thinking of the 113 victims. there are plenty of theories about the cause. officials blamed the strip of titanium from the cover of the engine. the strip fell on the runway as another plane took off. the metal strip shredded it one of the concorde's tie years. it ruptured fuel tank, the kerosene ignited, and even before it got off the ground, the concorde was lost. now one of the mechanics and his supervisor are facing charges
Feb 4, 2010 5:30pm EST
fire. once the darling of the toyota fleet, now it may too have problems. from france, more of a story we've been following closely. controversy about muslim identity and what it means to be french. we'll travel to a country where tobacco companies are going after young smokers in indonesia. >>> how do you hide a castle. this man spent four years building aefÑ this is "worldfocus." major support has been provided by rosalind p. walter and the peter g. peterson foundation, dedicated to fltsuing fiscal responu and addressing key economic challenges facing america's future. and additional funding is provided by the following supporters -- >>> welcome to "worldfocus." i'mljit dhaliwal in new york. as the saying goes, when it rains it poors. for the japanese carmaker, toyota, the bad news keeps on coming. some makes of the toyota prius considered to be the pride of ihc brakes. the admission comes only a week after the company extended the production and sale of toyota models because of a icky gas pedal problem. that's not all. today the u.s. department of transportation and the japanese g
Feb 9, 2010 6:00pm EST
american eating habits. and france for excess. the venice conable having to tighten purse strings after 900 years. -- same for access. -- fame for excess. the u.s. and allies are preparing what president obama cause a significant recensions to indicate how isolated it is. this is in response to iranian reports that the country have started in enriching uranium to higher grade. it has no civil nuclear power program that could use this type of material. mr. obama says the country has made its choice, although the door, as he put it, is still open. >> one of the deal the -- one of the difficulties of dealing with iran over the last few months is that it is not always clear who is speaking on behalf of the government, and we get a lot of mixed signals, but what is clear is that i have not said yes to an agreement that russia, china, germany, france, great britain, and the united states also was a good deal and that the director of the iaea said was the right thing to do and that iran should accept. that indicates to us that despite their posturing that their nuclear power is only for civilian u
Feb 20, 2010 12:00am EST
to france, the go to france while she is pregnant. he is so badly battle-shelled that he comes back disabled and his parents are not supported by their country. they say we will take arcade if you take years. that is as i understand it. it -- they say we will take our child if you take yours. that is as i understand it. my mother was a brilliant woman. the juxtaposition between her awareness of the most basic facts of human survival and the width of her value in freedom, which is education, and if i were to say anything, i would say the mandate of freedom is education. we have sort -- we have sort of forgotten that. that is really where i found myself. she gave me that education. because of her, i at moderate. her greatest -- because of her, i honor it. the truth shall make you free. she never stopped saying that the truth is beauty, and freedom is responsibility. with that ethic, coming from such an earthen origin -- and there were no frills. no chicken coops and towels and rattlesnakes. working just to get through the first years of high school and a half way house, plus the fact that i wa
Feb 15, 2010 6:00pm EST
for the women. 7 overall medals for the u.s. athletes. france and canada have each won three medals so far in the vancouver games. u.s. cyclists for bandits has become a wanted man, and not on -- fort landis has become a wanted man, and not on public speaking tours. he lost his tour of france title when he tested positive for elevated testosterone levels following the 2006 race. french officials say he played a role into hacking -- in hacking into the french company's system who allegedly reported his the drug tests. the largest crowd ever see a basketball game saw the largest and greatest addition of the game where no one pretended to play defense, the all-star game. at the cowboys' dating, the east and west to down this show. -- at the cowboys' stadium, the east and west took down this show. and the lebron james, no mvp honors, but a slam elevating his game. how is that? four years ago, dwayne wayne 18 -- dwane wade 1won an m.v.p. title in dallas. >> that is the way i would like to win every repeat, just to get 34 points. i'm a team player, soar like to see my teammates play and have shi
Feb 15, 2010 11:00pm EST
. >>> wanted man. they took his tour de france win and now there's an arrest warrant out for a pennsylvania cycle i have. what french investigators want with floyd landis. >> reporter: the anne arundel sheriff has a new chocolate company in town but he's only serving is up to bad guys. the valentine's day sting you won't believe, next. >>> slick spots possible overnight, then some sun. i'm bob turk. i'll have the complete first warning forecast coming up next. ,,,,,,,,,,,,,,,,,, >>> it's 32 degrees and cloudy in central maryland. the complete forecast coming up. >>> a small plane knows-dives into a snowy field in new jersey killing all five aboard. police say three many, teenager, and a younger child died in the crash. a witness said it appeared that the pilot was trying to aboard a landing at the monmouth executive airport when something broke off the plane. the cessna was based at the airport. >>> the number of complaints connected to sudden acceleration in toyota vehicles has risen dramatically. over the last three weeks the government has heard from consumers about nine crashes involvin
Feb 26, 2010 6:00am EST
. >> i agree. following up on that -- when we talk about the international community, we saw that france and the u.k. have put a fine onto their high bonuses, a 50% tax -- additional british action -- they put a onetime tax on bonuses. how do you think that my work with our companies that are international over there? do they have to look at what we are telling them to do? do they have to bring that to a foreign land? >> a u.s. company that has an international presence, how it would have to deal with compensation rules abroad depends on its structure. if it were to own a bank, a u.s. bank owns a bank in france, the bank in france would likely have to abide by the compensation structures in france. if it had a branch or some other extension of itself that was not a separate corporate entity, it would abide by the u.s. compensation standards on a worldwide basis. that is one of the things we try to do in our guidance is to have the management focused on incentive compensation on a worldwide basis. >> the gentleman from illinois. >> thank you, mr. chairman. mr. feinberg, you are the pay cz
Feb 5, 2010 6:12pm EST
a run saying that maybe they would play ball on shipping uranium off to france and russia. that would set us back with negotiations. they thought that if the united states is going to send ships to the gulf, they will just send up a missile. it is only a rocket but we all know that they are thumbing their nose at the u.n. the u.n. is saying that could be a ballistic missile later on. >> there's a tendency for any country to want to thumb your nose when outside forces are telling you what to do. i think -- i saw this in africa. >> i think that actually president obama has tried to not be the force that is pushing, that would overcome those divisions in iran and try to be limited. he has great difficulty in washington here because he has his opponents saying that he is not being tough enough. >> he tried the tenderness and now he is trying the toughness. he is not only do it with a iran but china, too. >> conservatives generally seem to favor the idea of the military intervention. as if we don't have enough military going on around the world. this would be bombing some facilities if we
Feb 16, 2010 4:30am EST
. karen, thanks so much. >>> and arrest warrant has been issued in france for american cyclist floyd landis. landis won the 2006 tour de france bicycle race, but he was stripped of the title after he failed a dope test. french authorities say plan case is suspectededed of hacking in to a computer at a lab to try to prove that they were wrong when they tested his samples. landis denies the hacking allegations. >>> straight ahead, your tuesday morning weather. and in sports, another high ranking college basketball team gets knocked off. ♪ - the usual? - yes, please. anything else? ♪ when you're trying to be good, tempting treats can be wicked. no thanks, i'm good. new special k fruit crisps. with two crispy bars for 100 fruity calories... it's the delicious, new way to stay on track. now, being good's a cinch... with new special k fruit crisps. osteo bi-flex has helped me... not have crunchy knees, not have a stiff back. osteo bi-flex with the exclusive ingredient 5-loxin... shown to improve joint comfort within 7 days. osteo bi-flex gets me through the day. after all the rich holi
Jan 31, 2010 9:00pm EST
prominence in foreign affairs. and i was the neutrality with france. we have this wonderful treaty with france in 1778, before we really became a valid country, before washington took office and the french had a revolution in the mr. wernick and with britain and come knocking on her door as they remember us, you've got to help us at washington didn't want to. >> i hate to say it, but the french might have some cost to think of a set in great spirits they contributed our independence. what becomes the napoleonic wars start because of the french revolution, the french send an ambassador to say it like to get some help in this war. >> we've got chipped in the bank. >> the remarkable thing is washington decides the foreign policy of the united states, the president. he calls a cabinet and says pretty soon or quickly he declares neutrality. as you say, despite this great city which had been so beneficial to the u.s. >> of course, the legal theory wesley was attributed now there's a new government in france. >> unter and that's fine, go get the lawyers. >> the interesting as this is a qu
Feb 10, 2010 7:00pm EST
university. and dr. allen frances, former chief of psychiatry at the duke university medical center. he led the last effort to revise the manual. gentlemen, thank you both for being with us. dr. schatzberg, to you first. why is this manual so important? >> well, it is useded by, as you pointed out, judy, by practitioners around the world to diagnose potential patients, people who come in for treatment with specific complaints, and to classify them as having within or another disorder. it becomes the common language that mental health practitioners use to describe patients so that we can agree on the diagnosis. very similar to cardiologists talking to an internist saying the patient has had a myocardial infraction, or what we call a heart attack. we need to have agreed upon diagnosis and criteria if we're going to be able to take care of patients. >> woodruff: it's important for doctors, obviously the patients. insurance companies? >> absolutely. because insurance companies will pay for benefits for treatment, whether psychosocial or farmica logic, or other forms of treatments for specific c
Feb 11, 2010 4:00am EST
management inflows were at 5.4 billion swiss francs in the fourth quarter. if you compare that with ubs, that was extremely strong. the strongest impulse came from the americas and asia. also the private banking margin was higher than expected at 130 basis points. so several positive take aways here. still a few drou backs if you take a look at these numbers here. especially if fourth quarter net profit, that was below expect ages as you mentioned at 800 million swiss francs. even if you take the one up charges out of there, that was the u.s. settlement. credit charges pretax was still below expectations. why? we saw a higher overall tax rate and let me point out that fixed income revenues in its investment bank were down more than 60%. we know investment banking revenues would go down. they would normalize and this is a higher or bigger job than anticipated. with that, ross, let me send jobs back over to you. >> thank you carolin for that. >>> the ftse 100 up 1.25%. a little less for the cac 40 and smi up 1.3%. we'll check in now with joshua raymond from citi index. joshua, we are firm
Feb 19, 2010 9:00am EST
a decline in the asian market of about 2% and the european markets with actually mixed. although france remains under pressure. the feds saying the discount rate hike is not a signal of the change in monetary policy. so let's look where we're seeing the impact right now. the dollar moves to a seven-month high. this is putting a pressure on commodities as well as commodity stocks. they are under pressure. that's where we're expecting to see the most impact. now, let's get a look at tech. the dell numbers came out. for more on that we go to bertha coombs. >> thank you very much. its revenues were stronger be u really what has disappointed the street was the fact it sacrificed margins for dwroukt. taking down its estimates saying they don't think that's necessarily the best strategy when it comes to valuation. stock is off by about 5% and it's having an influence on the rest. intel is down half a percent. microsoft off half a percent as well. we've got good news out of intu it. people are filing their tax rushes a lot earlier because they want that cap. they're raising its outlook and this
Feb 25, 2010 4:00am EST
for 2009, ross. >> and patricia, we've heard from france telecom today. i wonder what's happening with them, too. they have turned around. they were first of all falling on the back of what i thought were in line, disappointing numbers. so when it comes to the loss for the fourth quarter, we expect the net profits to be booked. but that didn't happen. never mind. the stock did turn around a little bit as we see. they're being traded up about 9.53 euros right now. what i thought was interesting, though, is with regards to their dividend policy, not only they're keeping the dividends for 2009 in european shares, but they've promised for the next two years 77 cents a share minimum. so maybe they want to schmooze the shareholders in the long-term, ross. >> thavngs for that, patricia. there's a lot of financials that have reported, as well. stephane has the details. >> the greek unit was not concerned by the country's debt problem and they're still on track to break even in 2011 and credit agricole has no plans to sell it. the bank says that all praises are performing well based on the early ind
Feb 16, 2010 1:00pm EST
of the time. they've got five. one gold, three silver, one bronze. france has two gold and two bronze. canada is tied for third place with one gold, two silver, and one bronze, and switzerland has three gold medals. >>> let's go to mark mckay, he's following the olympics for us in vancouver, british columbia. what do you got? >> reporter: how about somebody who should have been a snowboarder in the past life, ali, johnny weir, men's figure skating starting tonight at the vancouver games on day number five. if you ask his teammates, yes, they will tell you that johnny twe weir has a flare for the dramatics. he makes his own costumes and he has taught himself how to skate. he wants to skate away with a medal. >> i'm ambitious person. i'll make a debacle out of anything. >> johnny is a production and he's funny and interesting, and there's never a dull moment when he's around. you just kind of have to sit back and see what happens with him. you never know what he's going to say. you never know what he's going to do. you never know what he's going to wear. >> there's nothing that's a show in my l
Feb 11, 2010 11:00am EST
and it will start with povrp gal and spain and italy and ireland. even france and the uk are not immune. >> neal, though, let me ask you this, what andy is saying makes sense in one level, but the minute they bail out greece, and i assume that's coming people will want to know about portugal, spain, italy and ireland. in other words, there is the proverbial slippery slope, it is down to $1.36. that's a new low for this cycle, neal. what is the so-called right position unless greece can get its own act together? >> i think you're right. the euro zone is on a slippery slope and it's a very serious debt crisis, and i think it's almost impossible for greece to achieve the debt targets that have been set by the european commission. >> think the endgame inevitably in all of this will be an implicit default and we're talking about a potential $2 trillion euro debt once we start looking at portugal, italy and spain. so this is a serious problem. at the end of day they can't allow it to break up and germany will have to foot the bill in order to prevent a bailout and why the contagion is taking place thr
Feb 17, 2010 5:00am EST
think france and germany quite like to see some form of the volcker rule. maybe the basul three proposals will get around the sole kerr rule and in the end banks just decide to hire it off. there have been rumors that some would des egg nate some of its barclay's operations on the commercial activities and say that that is ricky. but i do think, yes, certainly in the uk, there will be a lot of pushback against the volcker rule and, as always, it boils down to the devil is in the details. >> the volcker rule was possibly a publicity stunt. >> well, we'll see. the wall street crash happens happened in 1939. but already, this rule does seem that it could be in danger of being subjected by 1,000 cuts as so often happens in congress. >> julius, thank you for that. you're sticking around. mean while, some of the other stories we're following around the world this morning, the kwaubt tafb easing program was agreed to stop. there is disagreement on how existing upon purchases will affect the economy. there was more bad news for workers in the uk. the number of britains claiming unemploy
Feb 27, 2010 6:00am EST
that in markets like france, italy, germany, the netherlands, and the belgian market, they are not feeling it at all. we are still seeing improved trends. conversations are what might merkel and others do. we think the numbers will have more of an effect further down than what they have now. our gris operation -- they are very idle right now. >> dr. berner, exports are one result of successfully selling american products and services throughout the world. as you point out, one out of five manufacturing jobs is tied to that. when service companies like mr. joerres' have a surplus they sell overseas, it has huge economic impact. we are looking at three pending trade agreements with colombia, panama, and south korea. we are seeing other countries ahead of us -- canada, the eu. that would put us at another competitive disadvantage. do you support those trade agreements, opening those markets for u.s. service and production companies? >> did you for your question. i support, in general, the idea that we should have free and open trade, and also the idea that it has to work both ways. when we op
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Feb 5, 2010 5:00pm EST
% of taxpayers than any other industrialized nation. >> glenn: say that again. we try to be more like france. we rely more on the top, the wealthy in our country than even france. >> than even france, sweden, germany, you name the socialist country. we rely more heavily on the wealthy americans than any. now, california is even more extreme. 84 cents out of every dollar of income tax collected in california comes from households earning over $100,000 a year. families earning under $50,000 a year pay 2% of the state's income taxes. you can basically say if you earn up to $50,000 a year in california you will pay no state incomes taxes. which means that they have this vast class of people in that state that are essentially disconnected from the cost of government. as a result, they will demand ever more services. and spending from government because they will never ever feel the cost of that. because they have passed it up to someone else higher up the food chain. >> yeah. california is supposed to be the land where anything is possible. i think people in california convinced themselves they can h
Feb 15, 2010 11:30am EST
. diplomatic appointments, first to negotiate a treaty with france, then one with the netherlands, finally to draw up the peace with britain. all told, john would spend 10 years in europe with only a few short months at home and 1779. 11 year old john quincy adams a company his father, gaining experience on an education that would serve him well in later years when he, too, would be called to be an american diplomat in europe. if abigail had previously considered philadelphia far away, the distance to europe was almost unimaginable. the situation was maybe more difficult by the unreliability of overseas mail, letters were frequently lost, thrown overboard by captains evading capture by the british, or some and shipwrecks. both the distance and duration of this separation, not surprisingly, put a strain on the adams marriage. >> braintree, november 12, 1778. i have taken up my pen again to relieve the anxiety of a heart too susceptible for its own repose. nor can i help complaining to my dearest friend that his painful absence is not is formally alleviated by the tender tokens of his friend
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